Documentary on the Indian textile and clothing industry shocks the world
In the film, director Rahul Jain presents an intimate portrait of the rhythm of life and work at a giant textile factory in Gujarat, India. Moving through…
L’Oreal, Beiersdorf tackle deforestation as most big companies fail to report role
CDP, a charity which says it works with institutional investors with assets of $96 trillion (£77 trillion), said 70% of 1,500 large companies failed to provide data…
Hong Kong luxury retailers adjusting to drop in high-spending Chinese tourists
Before the pandemic, the Chinese special administrative region had bucked global trends of declining demand for multi-brand department stores and ultra-luxury brands largely due to its attractiveness…
Italian MinervaHub takes over the Jato 1991 embroiderer
The aquisition, of which the amount was not disclosed, was announced via a statement that also confirmed that founders and managers will “remain directly involved in the…
A chinese manufacturer, supplier to H&M and Uniqlo, to open its first European factory in Barcelona
Shanghai Jingqingrong Garment collaborates with major players in the textile sector such as Uniqlo and H&M. The company plans to invest 3 million euros in launching this…
Jewelry companies team up with IBM on blockchain platform
The joint initiative dubbed TrustChain aims to make it easier for consumers to track diamonds and precious metals through the various steps of the supply chain as…
Kontoor Brands announces first set of ambitious sustainability goals
The denim company’s new sustainability goals focus on three pillars – planet, product and people – and are based on specific, measurable targets that are aligned with…
Modest rise in U.S. consumer prices may delay Fed rate hike, apparel prices edge up
The Labor Department said on Friday its Consumer Price Index edged up 0.1 percent last month after being unchanged in June. That lifted the year-on-year increase in…
Dutch online spending increased by 14 percent in Q3 2017
In the first nine months of 2017, Dutch consumers spent more on products such as apparel, toys and electronics compared to services as plane or event tickets….